Freeport-McMoRan (NYSE:FCX), the U.S. largest miner by market value and revenue, has slashed its capital budget for the year, while seeks funding for its natural oil and gas projects as the miner tries to protect itself from plunging commodity prices.

According to the investigation of www.ferro-alloys.com, calcium metal market was generally stable recently in China. In Shanxi and

Silicon metal export price stopped dropping in late January. Chinese silicon metal export market kept steady now.

[Ferro-Alloys.com]Chinese vanadium pent oxide was offered at RMB57,000-58,000/mt(USD9,344-9,508/mt, export duty excluded). Downstream V alloy market was sluggish, so buyers first purchased raw materials on orders.

According to latest data of the General Administration of Customs, China exported 36,573 mt of EMM (811100) in December 2014, up

[Ferro-Alloys.com]Chinese FeV50 price slipped to RMB67,000-68,000/mt (USD10,983-11,147/mt, export duty excluded) by acceptance. Steel mills with fund shortage hit tender price to a new low level.

[Ferro-Alloys.com] It is reported that imports for manganese ore at Lianyun port expanded to 625.1 thousand tons in 2014, registering an increasing of 15.52% based on the same period of last year

[Ferro-Alloys.com]Despite ongoing sluggish demand, it seems that downtrend of imported manganese ore spot becomes gradually narrow in recent period for cost bosltering.